💻 The UK's record heatwave knocked Cambridge University's Dawn supercomputer offline for over a week, halting cancer-vaccine and climate-modeling research after a cooling-system failure. www.climateproof.news/p/rich-count...

🏠 A new bipartisan US law permanently authorizes HUD's Disaster Recovery block grant program, creating a dedicated fund to speed rebuilding after disasters instead of relying on slow, ad hoc congressional funding. www.climateproof.news/p/rich-count...

🌊 The Trump administration's HUD is moving to gut the 2024 Federal Flood Risk Management Standard, reverting to outdated FEMA maps for federally backed housing. Critics warn it puts vulnerable residents at greater risk. www.climateproof.news/p/rich-count...

Germany is set to miss its €6B international climate finance pledge for 2027 by roughly €1B, per a new Oxfam analysis of the draft budget — the third straight year of shortfalls after cuts in 2025 and 2026. www.climateproof.news/p/rich-count...

📊 Oxfam finds rich nations' real climate finance in 2024 was just $32.7B–$44.7B — a third of the $136.7B reported to the OECD. Loans, not grants, are inflating the numbers while poor countries pile up debt. www.climateproof.news/p/rich-count...

💼 Colorado's Green Alpha Advisors launched a new equity strategy betting on climate adaptation over mitigation, spanning grid hardening, water security, and reinsurance stocks. www.climateproof.news/p/world-bank...

🌍 Catalyst Fund closed $30mn for African climate resilience startups, with IFC and Shell Foundation among new backers supporting agritech and cold-chain logistics ventures. www.climateproof.news/p/world-bank...

🦺 Barcelona has issued 1,400 heat-monitoring bracelets to outdoor workers, triggering alerts when body temperature signals heatstroke risk as Spain braces for another heatwave. www.climateproof.news/p/world-bank...

📉 UK lawmakers heard that fudged climate finance accounting is damaging Britain's credibility as a donor nation, with overseas aid nearing a 20-year low despite an £11.6bn pledge. www.climateproof.news/p/world-bank...

📊 The EU just slashed mandatory sustainability reporting data points by over 60%, easing compliance costs for companies under its Corporate Sustainability Reporting Directive. www.climateproof.news/p/world-bank...

🌿 The Green Climate Fund is loosening its reserve requirements to deploy capital faster, board members decided at a meeting in Tajikistan — a shift aimed at boosting climate finance efficiency worldwide. www.climateproof.news/p/world-bank...

🏦 The World Bank is scrapping its 45% climate lending target under pressure from the Trump administration, pivoting to a broader "smart development" framework. Advocates call it a serious setback for global adaptation finance. www.climateproof.news/p/world-bank...

Aon updates Climate Risk Monitor with heat-stress analytics and cooling-demand modeling, plus revised drought projections, with aim of improving risk pricing for insurers, reinsurers, and governments

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"Adaptation progress is either too slow, has stalled, or is heading in the wrong direction": the UK's Climate Change Committee offers a damning indictment of the Government's adaptation efforts www.theccc.org.uk/publication/...

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Ceres just released a guide to help muni bond markets align climate risk disclosure with resilience planning. Boston, Miami-Dade & others show how it’s done.👇 www.ceres.org/resources/re...